India, Aug. 8 -- XRP is trying to steady itself near the crucial $1 mark as the broader crypto market attempts a modest recovery on Saturday, August 8. The token remains under pressure after a weak week, but buyers are defending the psychological support level while investors watch institutional flows, regulatory developments and the next major technical breakout zone.

XRP is trading around $1.03, with its latest move showing only a limited recovery rather than a decisive trend reversal.

XRP Price Today (08 August)

XRP was trading around $1.03-$1.04 on August 8, with the token posting a modest gain over the previous 24 hours. However, the broader weekly trend remains negative, keeping traders cautious.

The key question for the market ...